News about Patrick Collison
Trustees of Harvard's $50B endowment visited Silicon Valley last week to ease venture-capitalist's concerns about Pro-Palestine bias on campus
www.dailymail.co.uk,
January 17, 2024
The unusual move came after Harvard's troubled president Claudine Gay resigned after a slew of allegations regarding her plaginism and mishandling of antisemitism. Narv Narvekar, the CEO of Harvard Management Company, and the Chairman and Chief Investment Officer met in California with Sequoia Capital, Kleiner Perkins, and Andreessen Horowitz. They also arranged meetings with Elad Gil, an influential Silicon Valley executive and an Israeli-born investor who had previously spoken out against Gay's plagarism scandal.
Stripe brothers are expected to die in a multi-billion windfall
www.dailymail.co.uk,
January 27, 2023
This week, John, 32, and Patrick Collison, 34, told staff at the financial services company that they had set a 12-month target of either encouraging staff to sell shares in a private-market transaction. Stripe, a San Francisco-based company with offices in Dublin, has brought Goldman Sachs and JP Morgan to help explore these options. The company, which was founded by the Collison brothers in 2010, processes payments for other internet businesses and last raised venture capital in March 2021, a £485 million round that gave it a high valuation from investors.